Business

Karachi: Currency exchange rates for major international currencies against the Pakistani Rupee were released by the Exchange Companies Association of Pakistan, reflecting current market conditions. According to the latest data, the United States D...

Islamabad: In a groundbreaking initiative aimed at enhancing healthcare accessibility, the Oil and Gas Development Company Limited (OGDCL) has donated three Mobile Eye Operation Theatre Units to Al-Shifa Trust. These units, the first of their kind in ...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of MRA Securities Limited at 'A-/A2', underscoring the firm's solid credit quality and sound liquidity profile. The ratings reflect MRA's good certainty of timely payment and...

KARACHI: A critical water shortage has brought industrial production to a standstill in Karachi's SITE area, as confirmed by Ahmed Azeem Alvi, President of the SITE Association of Industry. The lack of water supply for two weeks has left workers idle ...

Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has unveiled a series of tax reform recommendations for the Federal Budget 2025-26, aiming to increase Pakistan's tax-to-GDP ratio to 14 percent from its current rate of less tha...

Karachi: Cherat Cement Company Ltd. (CHCC) reported a significant boost in its third-quarter earnings for the fiscal year 2025, surpassing market expectations due to improved gross margins. The company recorded a profit of PkR1.7 billion, marking a 35...

Karachi: Pakistan State Oil Ltd. (PSO) reported a 28% year-on-year decline in its third-quarter earnings, posting a profit after tax of PkR4.1 billion. The company's earnings per share stood at PkR8.71, which came in slightly below analysts' expectati...